5 BCGI B Gulfstr A NAME. OF APPLICANT (Person(:) shOven on evidence of ownership. If Individual, give last name, first name, and • . middle gden Management Services, Inca estchester,County Airport anger D-3. mite Plains, NY -10604 CERT. ISSUE DATE LI.JDRES.S (Permanent mailing address for first applicant list

43 New York. NY 10019.2700 New York County OlksUllOSS) Industry Information SIC NAIC 6282 Investment Advice 52393 Investment Advice 8741 Management Services 523930 Investment Advice Industry Description: FINANCIAUINSURANCE/REAL ESTAT Business Description: Licenses - 0 licenses found URLs - 2 URLs fo

assets The prior approval of our Cc( pirate Governance and Conflots Committee MI be moused for each material transactor, with our Sponsor urxtr the Management Services Agfeernent unless such transact«, is expressly cceiterVated by the agreement Repainting Services Agreement Immediately pr or to the completion of

ia! irettutions • investor confdence in us. ou• partners. our Sponsor as our principal stockholder (on a combined voting bass) and manager under the Management Services Agreemere and Ire regional wholesale power markets • or firence I performance and the franca, performance of our sober:mute, • cur level of indebt

Class A common Mock ai the one tend, and our Sponsor, on the otter rend Immetrately prior to the completion of tons offenng, we will enter into the Management Services Agreement with ow Sponsor Cur execttere officerswit be employees of our Sponsor and certain of them will cortinue to love equity interests in our Sp

ces Cur !eget aCcOunIrg and Other expenteS relating to being a publicly traded OOrrpary will be paid for by Cur Sponsor pursuant to the terms of the Management Services Agreement The Management Services Agreement does not have a feed lean but may be terminated by us or our Sponsor in certain circumstances Folloveng

ement The calculaton also rehece al Cost* of doing business. including all expenses paid by out Sponsor in excess of the paymerts required under the Management Services Agreement These ccee induce Incremental general and adninstralse expensesmamma of being a publicly traded company, indulng costs assoonted with SEC